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Macroeconomics

INS: Average Net Wage Falls In May To RON1,458

Average net wages in Romania dropped 2.7% on the month to 1,458 lei (EUR345) in May, since wages in April had been boosted by Easter and other seasonal bonuses, the statistics institute INS...

Andrei Cîrchelan · 05.07.2011 · 10:43 · 1 min
IMF-EU Delegation To Visit Romania July 20 - August 1
Banks-Insurance

IMF-EU Delegation To Visit Romania July 20 - August 1

Joint teams from the International Monetary Fund, the European Commission and the World Bank will visit Romania between July 20 and August 1 for the second review of a EUR5.3 billion precaut...

Bogdan Neagu · 04.07.2011 · 17:56 · 1 min
Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-
Macroeconomics

Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-

Fitch Ratings Monday upgraded Romania’s long-term foreign currency issuer default rating to ‘BBB-’ from ‘BB’ and long-term local currency rating to ‘BBB’ from ‘BBB-’, citing the country’s pr...

Bogdan Neagu · 04.07.2011 · 16:41 · 2 min
Macroeconomics

Eurostat: Romania Producer Prices Steady In May

Romanian industrial producer prices were unchanged in May from a month earlier, while the European Union’s average index edged down 0.3% on the month, official data showed Monday.

Florentina Dragu · 04.07.2011 · 12:29 · 1 min
INS: May Producer Prices Dip 0.3% On Month, Up 8% On Year
Macroeconomics

INS: May Producer Prices Dip 0.3% On Month, Up 8% On Year

The industrial producer price index edged down 0.3% in May from a month earlier, due to declines in the manufacturing sector, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:04 · 1 min
INS: Adjusted Retail Sales Rise Slightly In May
Retail&Consumer

INS: Adjusted Retail Sales Rise Slightly In May

Romanian adjusted retail sales inched up 0.2% in May compared with a month earlier, largely boosted by higher fuel sales, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:02 · 1 min
Macroeconomics

Central Bank: Forex Reserves Rise To EUR34.4B In June

Romanian foreign exchange reserves rose to EUR34.4 billion in June from EUR32.7 billion a month earlier, central bank data showed Friday.

Florentina Dragu · 01.07.2011 · 13:32 · 1 min
Macroeconomics

Public Debt Slides To RON195.5B In April

The public debt fell to 195.5 billion lei (EUR46.2 billion) in April, from roughly RON199 billion a month earlier, Finance Ministry data showed Friday.

Florentina Dragu · 01.07.2011 · 13:07 · 1 min
Romania’s Economic Sentiment Improves Slightly In June - Poll
Macroeconomics

Romania’s Economic Sentiment Improves Slightly In June - Poll

Economic sentiment improved slightly for Romania in June, mostly for retail, according to a monthly survey unfolded by the European Commission.

Andrei Cîrchelan · 29.06.2011 · 14:45 · 1 min